Compround is an ERC-20 token and a decentralized landing protocol on which interest rates are formed based on supply and demand. In other words, it's an open money market, where users place crypto assets, as well as borrow funds.

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Market Update 4/18 - Compound III USDC | Ethereum

Borrowing is up 39% WoW, from $140M to $195M
Total USDC supplied increased 13%, from $209M to $236M

At a utilization of 82%, the USDC net borrow rate is 0.79%
See the most current rates in Markets page:
https://t.co/dfcmS2KecT

Market Update 4/18 - Compound III USDC | Ethereum. Borrowing is up 39% WoW, from $140M to $195M.

Market Update 4/18 - Compound III USDC | Ethereum. Borrowing is up 39% WoW, from $140M to $195M.

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